[Revel]

“The housing market, however, showed signs of cooling. Data from the Council of Mortgage Lenders revealed a stark 12pc decline in mortgage lending over the month, around twice the average fall in August.”

You mean the fed cut did not keep the housing bubble going?

[JasonC]

Err, most of the article, including that line, is discussing economic conditions in England, not the US. Only the first bit is about the dollar.